Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
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ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
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RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Extreme dollar bulls are not giving up, instead attaching a probability that a July hike is possible, after last week's testimony by FED chair Janet Yellen before congress, where she indicated that all meetings are live and will arrange post meeting press briefing if required.
After a terrible day yesterday, Dollar index, which is value of dollar against basket of currencies was pushed back to as low as 97.1, however dollar has gained back lot of grounds especially against Euro and commodity segment as market moved towards New York session.
From a negative day, Dollar index rose to 97.51, up 0.20% for the day.
Euro is down to 1.09, after trading as high as 1.0966 against dollar. Pound still remains top performer today, trading at 1.563, up 0.50% so far today.
US 2 year yield reached as above 0.70% on Monday, however gave up gains and dropped to 0.678% yesterday and dollar retreated along. However it is showing some signs of bounce back today. Yields are up, 0.60%, trading at 0.682%.
